Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

Peyto Exploration & Development Corp. is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta's deep basin. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol Assets), which included around 23,000 barrels of oil equivalent per day of low-decline production and 455,000 net acres of mineral land. The acquisition includes five operated natural gas plants with combined net natural gas processing capacity of around 400 million cubic feet per day, 2,200 kilometers (km) of operated pipelines, and a 12 MW cogeneration power plant. These assets include Edson Gas Plant and the Central Foothills Gas Gathering System. The Company has a total proved plus probable reserves of approximately 7.8 trillion cubic feet equivalent (1.3 billion barrels of oil equivalent).

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Peyto Exploration & Development Corp > CIBC Equity Reasearch Overly Harsh Earning Review IMO

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Comment by Quintessential1on Mar 13, 2022 4:09pm

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Post# 34510274

RE:RE:RE:RE:CIBC Equity Reasearch Overly Harsh Earning Review IMO

It makes CIBC's expectations,as per the 12 month share price target, conservative as well.

Whether there is a seasonal swing in NG pricing and therefore this stock price is still questionable, however i still expect a bump in the share price before that downtrend happens. If it happens.

GLTA

houbahop wrote: Yeah. Another miscalculation. I should reread myself before posting.
Thank you for correcting me, TerribleEng.

Debt + market cap: $2.9B

Estimated 2022 DACF: 2.9B/3 = $966m

Interest to service debt in 2022: $42m

FFO expected $924m when taking 3x 2022E EV/DACF

It makes DG expectations rather conservative.